Sometimes I’m astounded there is so much money in every day applications of high tech. SpotHero is helping parking lot owners sell spots to park the car as Kyle Wiggers August 22, 2019 column in Venturebeat.com explains “SpotHero raises $50 million to bring underutilized parking spaces online”
“Chicago, Illinois-based parking inventory and booking startup SpotHero today announced that it has secured $50 million in a series D round led by Macquarie Capital, bringing its total raised to date to $118 million. CEO and cofounder Mark Lawrence said the round, which saw participation from investors Union Grove Venture Partners, Insight Venture Partners, Global Founders Capital, OCA Ventures, AutoTech Ventures, and others, will strengthen the company’s partnerships with mobility companies and deepen its technology stack.
The fiscal vote of confidence comes after a year during which SpotHero reached half a billion dollars in all-time sales and 900-plus distribution partnerships and integrations…”
![SpotHero](https://joshwelchblog.com/wp-content/uploads/2019/09/spothero.jpg)